Today we shifted gears and went back to 1919 to discuss what was going on in the USA (I mean U.S.A.) during the 1920s. We checked in to see what you already know and you came up with some important pieces: prohibition; isolationism; "Roaring 20s;" most powerful economy; etc. We looked at what the Republican presidents were like and discussed a number of economic issues: the recent housing collapse; the importance of trust in the banking system; the nature of interest and the middle-man role of banks; etc. We then looked at the forces that precipitated the Depression.
|The reign of the Republicans ended in 1933 with the election|
of Democrat Franklin Roosevelt (F.D.R.)